FTSE 250 movers: IPF surges after dodging fine, property stocks higher
21st Apr 2015 13:46
International Personal Finance (IPF) was boosted as the home-credit group escaped a fine from Poland's consumer protection authority. After an investigation into fee structures, the Polish Office of Consumer Protection and Competition agreed to waive the fine if IPF's Provident Polska implement a ne
Read moreThursday broker round-up
16th Apr 2015 13:42
AstraZeneca: Societe Generale reiterates buy and 6,660p target price. Tesco: Nomura reiterates neutral and lowers target to 185p from 190p. Burberry: UBS reiterates neutral stance and lifts target to 1,800p from 1,650p. Royal Dutch Shell: Barclays reiterates overweight. Persimmon: Shore Capital r
Read moreWednesday broker round-up:
8th Apr 2015 16:42
AstraZeneca: Morgan Stanley lifts target price to 4,500p from 4,300p, reiterates underweight. BG Group: Canaccord Genuity improves target price to 1,300p from 1,016p and downgrades to hold. GlaxoSmithKline: Deutsche Bank raises target price to 1,600p from 1,300p and reiterates hold. Tate&Lyle: Num
Read moreFriday broker round-up
20th Mar 2015 15:33
Asos: Citi reiterates neutral. TSB Banking: Numis reiterates hold and 340p target. Aviva: Nomura reiterates buy and lifts target to 690p from 650p. WPP: Morgan Stanley reiterates buy and raises target to 1,625p from 1,400p. Tullow Oil: Barclays reiterates overweight and 550p target. William Hill
Read moreBroker tips: Rightmove, Spirax-Sarco, Aviva
5th Mar 2015 10:37
As competition in the property portal space heats up, and on the back of a 54% gain in the share price, the time may have come for investors in Rightmove to move on, Credit Suisse believes. Nonetheless, the Swiss broker continues to like the sector, both in terms of the cyclical and structural growt
Read moreTime for investors in Rightmove to move on, Credit Suisse believes
5th Mar 2015 10:30
As competition in the property portal space heats up, and on the back of a 54% gain in the share price, the time may have come for investors in Rightmove to move on, Credit Suisse believes. Nonetheless, the Swiss broker continues to like the sector, both in terms of the cyclical and structural growt
Read moreFTSE 250 movers: Greggs higher on shareholder returns
4th Mar 2015 15:14
Greggs topped the risers after the baker grew its pre-tax profit last year by 50%, allowing it to return up to £10m to shareholders in the first half of 2015 by resuming its share buyback programme. The company's chief executive, Roger Whiteside, noted that 2014 was a year of significant change and
Read moreBroker tips: StanChart, Barclays, ITV, Rightmove
4th Mar 2015 11:38
Standard Chartered's annual results missed analysts' forecasts by a long way on Wednesday, though the market gave a warm welcome to the 2014 report with Shore Capital choosing to keep its 'buy' recommendation. Analyst Gary Greenwood said: "The introduction of more aggressive action on costs and capi
Read moreCiti warms up to Rightmove by lifting its rating to 'neutral'
4th Mar 2015 11:19
Online real estate portal Rightmove has had its rating lifted by Citigroup, after the bank accepted it was a little too bearish on the company. Citi lifted Rightmove to 'neutral' from 'sell' following the company's earnings this week in which it reported a surge in profits and record numbers of visi
Read moreWednesday broker round-up
4th Mar 2015 10:16
Electrocomponents: Peel Hunt takes up to a buy. Pearson: Morgan Stanley keeps at overweight, target reiterated at 1,500p. StanChart: Shore Capital stays at buy. Moneysupermarket: UBS lifts to buy, raises target to 260p from 240p. Rightmove: Citi raises to neutral. Barclays: Deutsche keeps at buy
Read moreFTSE 250 movers: Rightmove up on strong annual results, IMI struggles with demand and currency
27th Feb 2015 15:14
Rightmove was top of the risers as Cannacord Genuity upgraded its rating on the stock from 'hold' to 'buy' on better-than-expected annual results. The broker also hiked its target price for the shares from 2,600p to 3,034p and said it still sees 13% potential upside to this new forecast. Laundry ser
Read moreBroker tips: Lloyds, RBS, Rightmove
27th Feb 2015 11:37
Shares in banking group Lloyds edged higher on Friday after shareholders celebrated their first dividend payment in six years, though weaker-than-expected results prompted Shore Capital to retain a 'hold' rating on the stock. The broker said: "Based on last night's closing price of 78.5p, the shares
Read moreCanaccord upgrades Rightmove after resilience to OnTheMarket launch
27th Feb 2015 10:24
Canaccord Genuity has upgraded its rating on real estate portal Rightmove from 'hold' to 'buy' after a better-than-expected set of annual results on Friday. The broker has hiked its target price for the shares from 2,600p to 3,034p and said it still sees 13% potential upside to this new forecast. R
Read moreRightmove annual profit jumps on higher revenue and increased website traffic
27th Feb 2015 08:21
Online property portal Rightmove Plc Higher revenue saw its annual pret-ax profit increase, as revenue was boosted by growth in website traffic and higher average revenue per advertiser. The company said its pre-tax profit for 2014 rose 25.7% to £122m, as revenue grew 19.4% to £167m, while earnings
Read moreSunday newspaper round-up: Aviva-Friends Life, Coutts, Quindell
23rd Nov 2014 18:15
Clive Cowdery, whose Resolution acquisition vehicle bought Friends Provident in 2009, will make about £160m from Aviva's takeover of Friends Life, the Sunday Times said. The roles of chairman, chief executive and finance director at the combined company will go to the Aviva incumbents, according to
Read more